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Parex Resources (TSE:PXT) Trading Down 5.3%

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Parex Resources (TSE:PXT) PT Raised to C$40.00

Parex Resources (TSE:PXT – Get Rating) had its target price lifted by research analysts at Cormark from C$36.00 to C$40.00 in a report released on Monday, BayStreet.CA reports. Cormark’s price objective suggests a potential upside of 50.38% from the company’s current price. A number of other research firms have also recently commented on PXT. Royal […] ....

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Brokerages Set Parex Resources Inc. (TSE:PXT) Price Target at C$33.29

Parex Resources Inc. (TSE:PXT – Get Rating) has earned a consensus rating of “Buy” from the seven brokerages that are covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a buy rating. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year […] ....

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Parex Resources (TSE:PXT) Share Price Passes Above 200 Day Moving Average of $24.37

Parex Resources Inc. (TSE:PXT – Get Rating)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$24.37 and traded as high as C$26.54. Parex Resources shares last traded at C$26.49, with a volume of 570,438 shares traded. A number of equities analysts recently […] ....

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Scotiabank Increases Parex Resources (TSE:PXT) Price Target to C$36.00

Parex Resources (TSE:PXT – Get Rating) had its price target increased by research analysts at Scotiabank from C$35.00 to C$36.00 in a research note issued on Tuesday, BayStreet.CA reports. Scotiabank’s price objective suggests a potential upside of 28.80% from the company’s current price. Several other research analysts have also recently commented on PXT. Royal Bank […] ....

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